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Last updated on April 30th, 2024

Shopping Center for Sale on US-1

$7,900,000

11601 SW 216th Street, Miami, Florida 33170


Building Size24,626 Square Feet
Land Size2.71 Acres
ZoningBU-1A
Parking123
WaterOne Meter (City)
SewerCity
ElectricIndependently Metered
Year Built1985
ConstructionConcrete Block
Roof10 years old

Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Groulds/Cutler Bay area. The Shopping Center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th Street. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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